Summary by Futu AI
On 21 May 2024, Smell International purchased 6,233,000 shares on the market under its Share Award Scheme at an average price of HK$8.0034 per share for a total price of approximately HK$49,885,110. The purchase increased the shares held by the Trustees from 27,596,775 shares to 33,829,775 shares representing the total number of shares issued from 0.4496% to 0.5512%. The Share Award Scheme allows the Board of Directors or Committees to select and award bonus shares to eligible participants at their discretion. Mr. CHAN Chi Ping, Chairman of the Board of Directors of the Company, issued an announcement on the same day.